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Output AFC, SAVC, S 1 50.00 100.00 2 25.00 80.00 3 16.67 66.67 4 12.50 65.00 5 10.00 68.00 6 8.37 73.33 7 7.14 80.00

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Output AFC, SAVC, S 1 50.00 100.00 2 25.00 80.00 3 16.67 66.67 4 12.50 65.00 5 10.00 68.00 6 8.37 73.33 7 7.14 80.00 8 6.25 87.50 2. Show your calculation with formula from the data above, A) What is the firm's Fixed Cost? (1 pt.) B) What is the TC of producing the 4 unit? (1 p.) C) If the firm decides to increase its output from 4 to 5 units, by how much will its total cost increase? (1 pt.) 3

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